06:51 AM EDT, 10/13/2026 (MT Newswires) -- The European Commission cleared the acquisition of ContiTech Deutschland, a unit of automotive parts manufacturer Continental AG (CON.F), by US-based Lone Star Global Acquisitions. The regulator said Tuesday that the deal, which relates to the supply of rubber and thermoplastic products, would not raise competition concerns due to the companies' limited market positions following the acquisition.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.